Company Overview - Qianyuan Weike is a comprehensive coal logistics service provider in China, focusing on reliable and high-quality services. It is the largest non-long-term coal logistics service provider in Shaanxi Province and the second largest in Northwest China, holding approximately 0.5% of the market share in the region [3]. - The company coordinates resources along the coal industry value chain to offer various coal logistics and value-added services, supporting the operations of downstream coal-consuming enterprises [3]. Industry Insights - The non-long-term coal logistics service market has grown from RMB 709.4 billion in 2018 to RMB 928.7 billion in 2023, with a compound annual growth rate (CAGR) of 5.5%. The market is expected to reach RMB 1,210 billion by 2028, with a projected CAGR of 5.4% [3]. - The growth is driven by stable demand from downstream markets and the increasing value of non-long-term coal logistics services [3]. Financial Performance - For the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, Qianyuan Weike reported revenues of approximately RMB 4.524 billion, RMB 3.738 billion, RMB 3.662 billion, and RMB 1.924 billion, respectively [4]. - The net profits for the same periods were approximately RMB 165 million, RMB 47 million, RMB 33.91 million, and RMB 23.41 million [4]. - The company operates four collection stations, effectively covering over 30 coal mines [3].
乾元微珂二次递表港交所 为国内领先非长协煤综合物流服务提供商
Zhi Tong Cai Jing·2025-08-21 22:59